Backblaze (BLZE) Stock Price

Backblaze Price

🇺🇸NASDAQ·CLOSED
15.62USD
Market closed
Today +/-
Today %

Backblaze (BLZE) Stock | ISIN US05637B1052. The current Backblaze stock price is 15.62 USD (2026). Revenue is 164.1 M USD. Net income is -19.57 M USD. The P/E ratio is -34.76. Market capitalization is 901.27 M USD. Backblaze operates in the Information technology sector.

Over the last 5 years Backblaze grew revenue by 25.7% annually, reaching 127.63 M USD. For Backblaze, the net margin of -38% is down versus -12.3% a few years ago.

Backblaze stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Backblaze over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Backblaze stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Backblaze's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Backblaze Stock Price History
DateBackblaze Price
Access this data via the Eulerpool API

Backblaze Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
40.75 M USD
950,000 USD
-1 M USD
Jan 1, 2020
53.78 M USD
-3.73 M USD
-6.62 M USD
Jan 1, 2021
67.48 M USD
-18.8 M USD
-21.7 M USD
Jan 1, 2022
85.16 M USD
-48.11 M USD
-51.4 M USD
Jan 1, 2023
102.02 M USD
-54.09 M USD
-59.71 M USD
Jan 1, 2024
127.63 M USD
-41.43 M USD
-48.53 M USD
Invalid Date
148.56 M USD
-1.86 M USD
-27.51 M USD
Invalid Date
164.1 M USD
4.75 M USD
-19.57 M USD
Invalid Date
182.06 M USD
7.51 M USD
-24.13 M USD

Backblaze Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 3, 2026, 8:56 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
202020212022202320242025e2026e2027e
536785102127148164182
32.526.4226.872024.5116.5410.8110.98
50.9450.7550.5948.0454.3346.6242.0737.91
2734434969696969
-6-21-51-59-48-27-19-24
500250142.8615.69-18.64-43.75-29.6326.32
29.2730.3831.6636.0143.5443.5443.5443.54
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Backblaze generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Backblaze retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Backblaze's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Backblaze has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Backblaze's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Backblaze stock margins

The Backblaze margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Backblaze. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Backblaze.
  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
50.6 %
2.33 %
-2.45 %
Jan 1, 2020
52.03 %
-6.94 %
-12.31 %
Jan 1, 2021
50.89 %
-27.86 %
-32.16 %
Jan 1, 2022
51.5 %
-56.49 %
-60.36 %
Jan 1, 2023
48.87 %
-53.02 %
-58.53 %
Jan 1, 2024
54.69 %
-32.46 %
-38.03 %
Invalid Date
54.69 %
-1.25 %
-18.52 %
Invalid Date
54.69 %
2.9 %
-11.93 %
Invalid Date
54.69 %
4.13 %
-13.25 %

Backblaze Stock Revenue, EBIT, Earnings per Share

The Backblaze earnings per share therefore indicates how much revenue Backblaze has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2019
1.39 USD
0.03 USD
-0.03 USD
Jan 1, 2020
1.84 USD
-0.13 USD
-0.23 USD
Jan 1, 2021
2.22 USD
-0.62 USD
-0.71 USD
Jan 1, 2022
2.69 USD
-1.52 USD
-1.62 USD
Jan 1, 2023
2.83 USD
-1.5 USD
-1.66 USD
Jan 1, 2024
2.93 USD
-0.95 USD
-1.11 USD
Invalid Date
2.57 USD
-0.04 USD
-0.48 USD
Invalid Date
2.84 USD
0.11 USD
-0.34 USD
Invalid Date
3.16 USD
0.17 USD
-0.42 USD

Backblaze business model & stock analysis

Backblaze Inc is a US company specialized in data backup and storage. It was founded in 2007 and its headquarters is in San Mateo, California. The company started when a small team of developers and engineers began developing solutions to secure the data of small and medium-sized businesses online. They recognized the general need to create backups of data that were becoming larger and more important. Backblaze's business model is to provide companies of all sizes with a simple and cost-effective way to secure and store data on the cloud platform. Its main products are online backup and cloud storage solutions. The company has established itself as a cloud storage provider and is known for its productivity tools that are particularly suitable for small and medium-sized businesses. Backblaze offers users a variety of data backup tools, including the ability to transfer data over a fast and efficient storage network. It offers different divisions to meet the needs of different customers: online backup, B2 cloud storage, and the hardware business. The online backup solution ensures that a company's important data can be secured so that it can be quickly restored in case of failures or data losses. The solution is easy to use and automates the backup process completely, ensuring that an up-to-date version of the data is always available. Another important aspect is B2 cloud storage. The B2 cloud storage solution is an affordable yet powerful cloud storage service suitable for developers, SMBs, and enterprises. Backblaze also relies on its hardware division. The company develops, builds, and sells its own backup and archiving systems, such as B2 Fireball, a fast, directly connected backup system used to transfer large amounts of data quickly and easily to B2 cloud storage. Overall, Backblaze has gained many customers in recent years and has become a key provider of data backup and storage solutions. Transparency in pricing is an important factor, allowing customers to see exactly what they are paying for their services. Overall, Backblaze has managed to provide businesses of all sizes with a seamless, automated, and affordable backup process. The company has worked hard to be among the best in its industry and continues to offer innovative and award-winning products and solutions to satisfy customers and dominate the market.

Backblaze SWOT Analysis

Strengths

Backblaze Inc has built a strong reputation in the online backup and cloud storage industry. Their reliable services and customer-centric approach have gained them a loyal customer base.

Backblaze Inc offers cost-effective data storage solutions, making them an attractive choice for individuals and businesses looking for affordable backup options.

Backblaze Inc ensures high levels of data security, employing encryption techniques and robust security measures to protect customer data. This instills trust and confidence among their users.

Weaknesses

Backblaze Inc focuses primarily on online backup and cloud storage services. This limited service portfolio may limit their growth potential and revenue streams compared to competitors offering a wider range of solutions.

As a cloud-based service, Backblaze Inc heavily relies on stable internet connectivity. Any disruption or downtime in internet services can hamper access to data, causing inconvenience for customers.

Opportunities

With the increasing adoption of cloud storage and backup solutions, Backblaze Inc has the opportunity to capitalize on the growing demand for data protection services. They can expand their customer base further.

Backblaze Inc can explore entering new geographical markets to reach a wider audience. Expanding their services globally can lead to increased revenue and exposure.

Threats

The online backup and cloud storage market is highly competitive, with numerous players vying for market share. Backblaze Inc faces the threat of losing customers to competitors offering similar or better services.

Advancements in technology and evolving customer needs pose a threat to Backblaze Inc. They must continuously innovate and adapt their services to stay relevant and meet changing market demands.

Backblaze Segments

Backblaze Revenue by Segment (1/4)

  • Max

B2 Cloud Storage
Computer Backup
Details
Date
B2 Cloud Storage
Computer Backup
Jan 1, 2025
79.9 M USD
65.94 M USD

Backblaze Revenue by Segment (2/4)

  • Max

Consumption-based arrangements
Subscription-based arrangements
Point in time arrangements
Details
Date
Consumption-based arrangements
Subscription-based arrangements
Physical Media (point in time)
Point in time arrangements
Jan 1, 2025
77.19 M USD
68.24 M USD
0 USD
412,000 USD

Backblaze Revenue by Segment (3/4)

  • 3 Years

  • 5 Years

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  • Max

Details
Date
Subscription-based arrangements (Computer Backup)
Consumption-based arrangements (B2 Cloud Storage)
Physical Media
Jan 1, 2025
0 USD
0 USD
0 USD

Backblaze Revenue by Segment (4/4)

  • Max

Reportable Segment
Details
Date
Reportable Segment
Jan 1, 2025
145.84 M USD

Backblaze Revenue by Region

  • 3 Years

  • Max

United States
Other Countries
United Kingdom
Canada
Details
Date
United States
Other Countries
United Kingdom
Canada
Jan 1, 2021
48.35 M USD
19.13 M USD
0 USD
0 USD
Jan 1, 2023
73.26 M USD
18.27 M USD
5.46 M USD
5.03 M USD
Jan 1, 2024
94.32 M USD
20.85 M USD
6.7 M USD
5.76 M USD
Jan 1, 2025
104.57 M USD
27.15 M USD
7.51 M USD
6.61 M USD

Backblaze Eulerpool Fair Value

Backblaze historical P/E ratio, EBIT multiple, and P/S ratio

Backblaze annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Backblaze shares outstanding

The number of shares was Backblaze in 2025 — This indicates how many shares 43.543 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
29.27 M base_Shares
Jan 1, 2020
29.27 M base_Shares
Jan 1, 2021
30.38 M base_Shares
Jan 1, 2022
31.66 M base_Shares
Jan 1, 2023
36.01 M base_Shares
Jan 1, 2024
43.54 M base_Shares
Invalid Date
43.54 M base_Shares
Invalid Date
43.54 M base_Shares
Invalid Date
43.54 M base_Shares
Price targets and forecasts for Backblaze are not yet available.

Backblaze Earnings Estimates

Backblaze Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/4/2026-0.09USD38.54 MUSD2026 Q1
2/23/2026-0.11USD38.3 MUSD2025 Q4
2/12/2026-0.11USD38.3 MUSD2025 Q4
11/6/2024-0.25USD33.09 MUSD2024 Q3
5/7/2024-0.35USD29.49 MUSD2024 Q1
2/13/2024-0.38USD28.77 MUSD2023 Q4
11/9/2022-0.39USD22.23 MUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Backblaze stock

13/100
2
Environment
23
Social
14
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Backblaze shareholder structure

% Name
5.34243%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
5.31114%
AWM Investment Company, Inc.
AWM Investment Company, Inc.
4.43583%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
2.9032%
Budman (Gleb)
Budman (Gleb)
2.07085%
Whetstone Capital Advisors, LLC
Whetstone Capital Advisors, LLC
2.02523%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
2.00588%
First Eagle Investment Management, L.L.C.
First Eagle Investment Management, L.L.C.
1.4601%
State Street Investment Management (US)
State Street Investment Management (US)
1.37711%
Connor, Clark & Lunn Investment Management Ltd.
Connor, Clark & Lunn Investment Management Ltd.
1.33601%
Millennium Management LLC
Millennium Management LLC
...

Backblaze Executives and Management Board

GB

Mr. Gleb Budman

Chairperson of the Board, Chief Executive Officer, Co-Founder · since 2007

Compensation2.21 M USD
MS

Mr. Marc Suidan

Chief Financial Officer

Compensation2.18 M USD
JC

Ms. Jocelyn Carter-Miller

(67)

Lead Independent Director

Compensation226,000 USD
EA

Ms. Evelyn D' An

(63)

Independent Director

Compensation211,000 USD
EF

Mr. Earl Fry

(66)

Independent Director

Compensation205,000 USD

Frequently asked questions about Backblaze

The business model of Backblaze Inc revolves around providing cloud storage services. Backblaze offers affordable and reliable backup solutions for individuals and businesses. Users can easily store and access their data through Backblaze's online platform. The company ensures data privacy and security by employing encryption and regular backups. Backblaze's cost-effective pricing strategy and unlimited storage options have made it a popular choice among users. By leveraging its robust infrastructure and innovative technologies, Backblaze continues to deliver dependable cloud storage solutions to customers worldwide.

All fundamentals and in-depth analysis of Backblaze

Our stock analysis for Backblaze Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Backblaze Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.